Today’s Short Interest Alert: Does Amber Road Incorporated (NYSE:AMBR) Have Gas After Even More Sellers Involved?

November 24, 2016 - By Clifton Ray   ·   0 Comments

Today's Short Interest Alert: Does Amber Road Incorporated (NYSE:AMBR) Have Gas After Even More Sellers Involved?

The stock of Amber Road Incorporated (NYSE:AMBR) registered an increase of 11.47% in short interest. AMBR’s total short interest was 913,800 shares in November as published by FINRA. Its up 11.47% from 819,800 shares, reported previously. With 199,000 shares average volume, it will take short sellers 5 days to cover their AMBR’s short positions. The short interest to Amber Road Incorporated’s float is 6.09%. The stock decreased 3.54% or $0.43 on November 23, hitting $11.71. About 2.05 million shares traded hands or 258.11% up from the average. Amber Road Inc (NYSE:AMBR) has risen 121.36% since April 22, 2016 and is uptrending. It has outperformed by 115.95% the S&P500.

Amber Road, Inc. is a provider of cloud global trade management solutions. The company has a market cap of $324.48 million. The Company’s GTM solutions include modules for logistics contract and rate management, supply chain visibility and event management, international trade compliance, and Global Knowledge trade content database to importers and exporters, non-vessel owning common carriers (resellers), and ocean carriers. It currently has negative earnings. The Firm delivers its GTM solution using a software-as-a-service (SaaS) model.

Insitutional Activity: The institutional sentiment increased to 2.6 in Q2 2016. Its up 0.43, from 2.17 in 2016Q1. The ratio improved, as 3 funds sold all Amber Road Inc shares owned while 15 reduced positions. 13 funds bought stakes while 26 increased positions. They now own 13.88 million shares or 2.98% more from 13.48 million shares in 2016Q1.
Geode Limited Liability Company reported 76,405 shares or 0% of all its holdings. California State Teachers Retirement System holds 36,606 shares or 0% of its portfolio. Tower Cap Lc (Trc) last reported 1,023 shares in the company. Bridgeway Management last reported 0.01% of its portfolio in the stock. Blackrock Advsrs owns 4,672 shares or 0% of their US portfolio. Blackrock Fund Advsr has 0% invested in the company for 457,828 shares. Commercial Bank Of America Corporation De accumulated 0% or 335 shares. Renaissance Techs Ltd Limited Liability Company holds 604,600 shares or 0.01% of its portfolio. The Massachusetts-based Fmr has invested 0% in Amber Road Inc (NYSE:AMBR). Bnp Paribas Arbitrage last reported 699 shares in the company. New York State Common Retirement Fund accumulated 16,000 shares or 0% of the stock. The Kansas-based Kornitzer Ks has invested 0.03% in Amber Road Inc (NYSE:AMBR). Gagnon Ltd Llc last reported 5.57% of its portfolio in the stock. Morgan Stanley accumulated 0% or 14,078 shares. D E Shaw & accumulated 46,413 shares or 0% of the stock.

Insider Transactions: Since June 8, 2016, the stock had 0 insider buys, and 10 selling transactions for $28.79 million net activity. CALDWELL DONALD R sold $13.05M worth of stock or 1.45 million shares. $13.05 million worth of Amber Road Inc (NYSE:AMBR) shares were sold by Cross Atlantic Capital Partners – Inc.. Shares for $392,051 were sold by Conway Thomas E on Tuesday, November 22. 20,080 shares were sold by Cooke Albert C III, worth $210,840. On Thursday, August 18 Preuninger James W sold $4,400 worth of the stock or 400 shares. On Friday, August 12 Williams Barry MV sold $167,167 worth of the stock or 16,700 shares.

Amber Road Inc (NYSE:AMBR) Ratings Coverage

Out of 5 analysts covering Amber Road (NYSE:AMBR), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Amber Road has been the topic of 10 analyst reports since August 7, 2015 according to StockzIntelligence Inc. Needham maintained Amber Road Inc (NYSE:AMBR) on Friday, August 7 with “Buy” rating. The stock of Amber Road Inc (NYSE:AMBR) earned “Buy” rating by Stifel Nicolaus on Friday, August 5. The firm has “Buy” rating by Stifel Nicolaus given on Friday, February 12. The firm has “Outperform” rating given on Friday, August 5 by FBR Capital. The stock of Amber Road Inc (NYSE:AMBR) earned “Buy” rating by Needham on Monday, June 20. As per Friday, August 7, the company rating was maintained by Canaccord Genuity. Raymond James maintained the shares of AMBR in a report on Monday, August 15 with “Outperform” rating. The stock of Amber Road Inc (NYSE:AMBR) has “Buy” rating given on Monday, September 28 by Needham.

AMBR Company Profile

Amber Road, Inc., incorporated on October 7, 2013, is a well-known provider of cloud global trade management (GTM) solutions. The Company’s GTM solutions include modules for logistics contract and rate management, supply chain visibility and event management, international trade compliance, and Global Knowledge trade content database to importers and exporters, non-vessel owning common carriers (resellers), and ocean carriers. The Firm delivers its GTM solution using a software-as-a-service (SaaS) model. The Company’s solution automates the global supply chain across sourcing, logistics, cross-border trade and regulatory compliance activities. The Company’s GTM solution combines enterprise-class software, trade content sourced from government agencies and transportation providers in approximately 145 countries, and a global supply chain network connecting its clients with the trading partners, including suppliers, freight forwarders, customs brokers and transportation carriers.

Another recent and important Amber Road Inc (NYSE:AMBR) news was published by Seekingalpha.com which published an article titled: “Amber Road: The Road To $3.50 (>65% Downside)” on November 11, 2016.

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By Clifton Ray


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